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Stocks in play: Trican Well Service Ltd.

Baystreet.ca
·1 min read

Announced its second-quarter results for 2020. Trican Well Service Ltd. Cash and cash equivalents of $26.4 million (December 31, 2019 - $7.2 million). Positive non-cash working capital of $47.8 million which includes $14.5 million of assets held for sale (December 31, 2019 - $132.6 million which includes $38.1 million of assets held for sale). Net loss for Q2 2020 was $28.4 million (Q2 2019 - net loss of $28.6 million). Trican Well Service Ltd. shares T.TCW are trading down $0.02 at $0.88.

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